<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM GATEWAY
BANCORP, INC.'S BALANCE SHEET AS OF JUNE 30, 1996 AND THE STATEMENT OF INCOME
FOR THE SIX MONTHS ENDED JUNE 30, 1996.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                         166,440
<INT-BEARING-DEPOSITS>                       2,241,016
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                          0
<INVESTMENTS-CARRYING>                      50,796,219
<INVESTMENTS-MARKET>                        49,749,898
<LOANS>                                     17,303,245
<ALLOWANCE>                                     80,758
<TOTAL-ASSETS>                              71,348,736
<DEPOSITS>                                  53,376,268
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                            216,038
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        11,324
<OTHER-SE>                                  17,745,106
<TOTAL-LIABILITIES-AND-EQUITY>              71,348,736
<INTEREST-LOAN>                                662,185
<INTEREST-INVEST>                            1,603,304
<INTEREST-OTHER>                                99,742
<INTEREST-TOTAL>                             2,365,231
<INTEREST-DEPOSIT>                           1,382,289
<INTEREST-EXPENSE>                           1,382,289
<INTEREST-INCOME-NET>                          982,942
<LOAN-LOSSES>                                        0
<SECURITIES-GAINS>                               2,000
<EXPENSE-OTHER>                                512,490
<INCOME-PRETAX>                                491,177
<INCOME-PRE-EXTRAORDINARY>                     491,177
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   338,859
<EPS-PRIMARY>                                      .30
<EPS-DILUTED>                                      .30
<YIELD-ACTUAL>                                   2.790
<LOANS-NON>                                     54,802
<LOANS-PAST>                                   164,001
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                80,758
<CHARGE-OFFS>                                        0
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                               80,758
<ALLOWANCE-DOMESTIC>                            80,758
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0